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May 29, 2012
05/12
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department of education and administered through state programs. troops to teachers takes veterans from service to the country, to service in the classroom. >> it just gave me another support area. >> reporter: erickson says her military background helps her in the classroom. >> the discipline plus the flexibility. everyday, it seems like it's going to be the same thing, but it's not. >> reporter: troops to teachers does not place teachers or educate them, but instead facilitates their hiring and provides some financial assistance for those who need additional education to meet certification requirements. those accepted by the program have four-year degrees. ashford harrigan is the arizona manager of troops to teachers and a product of the program. >> and the purpose was to fill the void in our high need areas-- math and science and special education-- and those types of environments and school districts that needs them. >> reporter: troops to teachers has placed six veterans at alhambra high school, 521 in arizona and 15,000 nationally. >> susie:
department of education and administered through state programs. troops to teachers takes veterans from service to the country, to service in the classroom. >> it just gave me another support area. >> reporter: erickson says her military background helps her in the classroom. >> the discipline plus the flexibility. everyday, it seems like it's going to be the same thing, but it's not. >> reporter: troops to teachers does not place teachers or educate them, but instead...
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Feb 29, 2012
02/12
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career education fell almost 19%. it saw fewer new students sign up last quarter, contributing to worries about growth. apollo group shed 16%. apollo cut its forecast for new students, pointing to an improving job market and more competition. bridgepoint ed fell almost 8%. office depot has had a tough four years. finally, silver. earlier, erika reported on how unusual it is for gold to be higher priced than platinum. we saw silver stage a decent rally today. silver prices jumped 4.5%, settling at a five-month high. silver is the best performing precious metal this year, up more than 30%. that's tonight's "market focus." one of the trends we've seen lately is companies breaking themselves into pieces. kraft, conoco phillips and mcgraw hill are among them. we spoke with mcgraw hill c.e.o. terry mcgraw about the growth potential for his education and financial businesses. >> what we're seeing is as banks are limited in terms of some of their funding for private sector investment, and getting capital to the private sector
career education fell almost 19%. it saw fewer new students sign up last quarter, contributing to worries about growth. apollo group shed 16%. apollo cut its forecast for new students, pointing to an improving job market and more competition. bridgepoint ed fell almost 8%. office depot has had a tough four years. finally, silver. earlier, erika reported on how unusual it is for gold to be higher priced than platinum. we saw silver stage a decent rally today. silver prices jumped 4.5%, settling...
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Aug 22, 2012
08/12
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we've reached a critical crossroads when it comes to funding higher education in this country. what we've always done isn't working anymore. it's time for a thoughtful redesign of the post-secondary system. the fast forward must be focused on better serving the growing number of low income. first generation, minority and adult students across america. the great recession exposed our needs for a more education work force and a new system that can deliver it. if we intend to compete in the global economy, we have to find a way to train a lot more workers for skilled jobs. it could be the most serious challenge that we face as a nation and it's time for policy makers and business leaders to take action. i'm jamie merisotis. >> some of us parents, of course i'm 20 years away from second de, still packing lunches for the second grader. >> make sure they do their homework and get good grades. >> tom: that's "nightly business report" for tuesday, august 21. good night, susie, and everyone. >> susie: good night, tom. thanks for watching, everyone. we'll see you online at nbr.com and ba
we've reached a critical crossroads when it comes to funding higher education in this country. what we've always done isn't working anymore. it's time for a thoughtful redesign of the post-secondary system. the fast forward must be focused on better serving the growing number of low income. first generation, minority and adult students across america. the great recession exposed our needs for a more education work force and a new system that can deliver it. if we intend to compete in the global...
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Mar 17, 2012
03/12
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when it comes to higher education schools are footing more of the bill. state and local government funding for public colleges has fallen to a 25 year low. now those governments doled out an average of $6300 per student last year. five years ago it was $7,000 per student. earlier this week we spoke to the chancellor of penticton higher education, and don cavenaugh told us shifting more of the burden away from the state isn't working. >> if the state wants an educated citizenry and workforce they need to invest in that. to shift that without thinking through how are we going to do that, is going to be problematic. >> susie: after aggravating the drop in funding, more people are in school, which means there's less to go around. college attendance typically goes up during a recession. and this time is no different. it's time for the friday feature. author and educate lou heckler. >> i've been thinking about resistance. not resistance like the occupy wall street movement, although that may be part of it. like many business people, i fly a lot. just recently i
when it comes to higher education schools are footing more of the bill. state and local government funding for public colleges has fallen to a 25 year low. now those governments doled out an average of $6300 per student last year. five years ago it was $7,000 per student. earlier this week we spoke to the chancellor of penticton higher education, and don cavenaugh told us shifting more of the burden away from the state isn't working. >> if the state wants an educated citizenry and...
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Nov 24, 2012
11/12
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as tuition continues to rise lawmakers and education experts are trying to help students and their parents, keep their costs and debt loads as low as possible. can they deliver? sylvia hall takes a look. >> reporter: during the campaign season, president obama visited college campuses, with a big goal. he wants to cut the growth of tuition prices in half over the next decade. to do it, he'll have to curb a steady upward trend that spans over several decades. just this year, in-state tuition for public colleges is up by almost 5%. for two-year colleges, in-state tuition jumped almost 6%. the average sticker price for private colleges this year is up by about 4% from last year. the president has proposed controlling tuition growth by expanding a few federal programs like some student loans and work study programs, but reducing those funds for colleges and universities that raise tuition too much and too fast. >> right now the federal government, just this past year, gave out $187 billion in federal financial aid and for the most part that was without strings attached to it and the president
as tuition continues to rise lawmakers and education experts are trying to help students and their parents, keep their costs and debt loads as low as possible. can they deliver? sylvia hall takes a look. >> reporter: during the campaign season, president obama visited college campuses, with a big goal. he wants to cut the growth of tuition prices in half over the next decade. to do it, he'll have to curb a steady upward trend that spans over several decades. just this year, in-state...
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Oct 11, 2012
10/12
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it's not just the education community watching this case. as sylvia hall reports, so are some of the nation's biggest companies. >> i hope the court rules that a student's race and ethnicity should not be considered when applying to the university of texas. >> reporter: that's abigail fisher, who was denied a spot in the school's 2008 freshman class. u.t. says race wasn't a factor, but fisher maintains she was rejected because she's white. that accusation could change the way colleges have picked their students for decades. by state law, three quarters of u.t.'s students are accepted automatically, because they are in the top 10% of their high school classes. the rest go through what the university calls a holistic review, considering factors, like grades, essays, personal experiences and race. even fewer students got in that way in 2008, when fisher didn't make the cut. >> there are going to be certain financial consequences to this young lady because she could not attend the school of her preference. as u.t. says, it is critical within tex
it's not just the education community watching this case. as sylvia hall reports, so are some of the nation's biggest companies. >> i hope the court rules that a student's race and ethnicity should not be considered when applying to the university of texas. >> reporter: that's abigail fisher, who was denied a spot in the school's 2008 freshman class. u.t. says race wasn't a factor, but fisher maintains she was rejected because she's white. that accusation could change the way...
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Sep 11, 2012
09/12
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labor expert robert bruno says the teachers see current plan as an attack on public education. >> so from their perspective they're not just bargaining some narrow bread and butter issues, but they're looking at the collective bargaining process as a way to truly transform in a dramatic way what public education can and should be. >> reporter: mayor emmanuel also wants to add roughly 50 more charter schools to the nearly 100 the city already has. those schools get public funding, but typically don't employ union teachers and don't follow the same regulations as public schools. the striking teachers call them a drain on their schools. >> we believe that public money should be spent on the children's education and that charter schools should not be for profit. >> reporter: bruno says the timing of the strike and its outcome could prove uncomfortable for president obama this close to the november election. >> it does not serve his political objectives to have the third largest teachers union on strike. it can't be what he wants. >> reporter: this strike comes at a time when illinois is
labor expert robert bruno says the teachers see current plan as an attack on public education. >> so from their perspective they're not just bargaining some narrow bread and butter issues, but they're looking at the collective bargaining process as a way to truly transform in a dramatic way what public education can and should be. >> reporter: mayor emmanuel also wants to add roughly 50 more charter schools to the nearly 100 the city already has. those schools get public funding,...
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Aug 10, 2012
08/12
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of the partners that are in the club. >> tom: the education seems to be paying of for this mega club who has been successful for nearly two-decades. tomorrow we'll hear more from the members of the polaris investment club tomorrow on n.b.r. >> susie: all it takes is a quick online search to see how many groups are using polls to track the presidential race. but its getting harder, and more expensive, to produce those results. sylvia hall reports on the business of polling. >> reporter: while the candidates criss-cross the country trying to get your vote, pollsters are hitting the phone lines, looking for your opinion on the race. groups like gallup, pew research, and rasmussen are in high gear this year, checking the pulse of the nation as november approaches. >> the business has grown tremendously. if you look at the time when lou harris was polling for the candidate john kennedy, there were only a few pollsters in the field. today we have more than a dozen pollsters releasing results on a fairly regular basis and so we're inundated with poll findings. >> reporter: but, the polling
of the partners that are in the club. >> tom: the education seems to be paying of for this mega club who has been successful for nearly two-decades. tomorrow we'll hear more from the members of the polaris investment club tomorrow on n.b.r. >> susie: all it takes is a quick online search to see how many groups are using polls to track the presidential race. but its getting harder, and more expensive, to produce those results. sylvia hall reports on the business of polling. >>...
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Jun 27, 2012
06/12
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gained 5.8%, and grand canyon education rallied 4.3%. speaking of student loans, the senate may be getting closer to a deal that would avoid a big spike higher of student loan interest rates come july 1. without congressional okay, rates are due to double for stafford loans. also moving among consumer stocks-- news corp. as we mentioned earlier, the market likes the idea of two companies instead of one, bidding the shares up to a multi-year high after the company confirmed it is considering splitting in two. we have more analysis on the news corp stock on our web site, nbr.com. you can find it under the "blogs" tag with michael kahn. housing was another area rebounding, thanks to the higher sales prices many top markets experienced in the past month. the homebuilders exchange traded fund gained 2%. it is in the middle of the trading range it's been in between $19 and $22 per share since the end of january. corn prices have rallied almost 10% over the past two sessions as hot dry weather continues across parts of the corn belt. that has h
gained 5.8%, and grand canyon education rallied 4.3%. speaking of student loans, the senate may be getting closer to a deal that would avoid a big spike higher of student loan interest rates come july 1. without congressional okay, rates are due to double for stafford loans. also moving among consumer stocks-- news corp. as we mentioned earlier, the market likes the idea of two companies instead of one, bidding the shares up to a multi-year high after the company confirmed it is considering...
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Jul 19, 2012
07/12
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iraqis are among america's best educated immigrants and admitted into the u.s. in record numbers following the war. >> how may i help you. >> resepgds an reception, and p. >> most have come as rev feas. harzan was given a special immigrant visa because of his work with the u.s. army corps of engineers post war that put him and his family at risk. he came to america with high hopes for a better life. he could speak english, had experience working with americans, and he had a letter of recommendation. >> i give my highest recommendation too him and >> the family arrive ntd the middle of recession, and the stock market was tight, and carsan did not know that his experience would not meet professional standards in america. >> yes, it's the easiest thing i was expected to get a job with my skills, at least in my field -- like maybe assistant engineer. but still engineer. and my wife -- get a job in education. >> harzan and pinoir are willing to keep their hotel jobs for now. but catching toup u.s. standards is expensive, time consuming and discouraging. >> thank you
iraqis are among america's best educated immigrants and admitted into the u.s. in record numbers following the war. >> how may i help you. >> resepgds an reception, and p. >> most have come as rev feas. harzan was given a special immigrant visa because of his work with the u.s. army corps of engineers post war that put him and his family at risk. he came to america with high hopes for a better life. he could speak english, had experience working with americans, and he had a...
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May 4, 2012
05/12
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the way forward is a redesign of how higher education is deliver in america. we need to leverage technology to deliver more high quality excel rated learning. we need colleges and universities to serve more people at the lowest possible cost per degree while improving access and equity. these and other ideas will need to be tackled soon. designing and building a better system means confronting some of our most cherished assumptions about higher education but the need for millions more americans to get the skills and knowledge represented by college degrees is urgent and absolutely clear. i'm jamie merisotis. join us tomorrow here on nbr. it is the april employment numbers, a big report we're going to see just how many jobs the u.s. business has created last month. presidential elections are coming up this weekend big election there. we're going to hear what is the take for the global economy. sincsinco de mayo. we started a new series tonight made in america the housing market was ground zero. its slaps took with it a lot of businesses relying on homes from co
the way forward is a redesign of how higher education is deliver in america. we need to leverage technology to deliver more high quality excel rated learning. we need colleges and universities to serve more people at the lowest possible cost per degree while improving access and equity. these and other ideas will need to be tackled soon. designing and building a better system means confronting some of our most cherished assumptions about higher education but the need for millions more americans...
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Jun 9, 2012
06/12
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at the end people are educated to being entrepreneurs and grow a business and second they need an aspiration in terms of hope and promise. so we're trying to bring both together in this initiative at pwc which we call earn your future. >> the fact is you've identified financial literacy as an issue you want to concentrate on. does if have an impact on financial policies at the federal or state level that many americans don't deem themselves as financially literate? >> i think it does. at the end of the day when you look at the individual mindset and confidence level in understanding what they can do buying a car or credit cards whatever the case is may be has reach impact on the buying decision and over the long term we're trying to educate people to be future business leaders, politicians, regulators, whatever the indication may be to have a sustainable feature. >> maybe a future chairman of a global giant like you are i have to ask you why your view of the global economy is and how do you see europe for your clients? >> europe is troubling right now. unfortunately europe has a bigger hango
at the end people are educated to being entrepreneurs and grow a business and second they need an aspiration in terms of hope and promise. so we're trying to bring both together in this initiative at pwc which we call earn your future. >> the fact is you've identified financial literacy as an issue you want to concentrate on. does if have an impact on financial policies at the federal or state level that many americans don't deem themselves as financially literate? >> i think it...
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Mar 27, 2012
03/12
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the plans allow families to sock away money for higher education costs. those funds can grow tax-free and some states even offer tax incentives. if the romano girls chose a private college like n.y.u., it will cost a small fortune. experts calculate $159,000 a year to be exact. times four years-- that's $636,000 and don't forget to double that for twins and for a shocking total of $1.3 million. cary carbonaro is the romano's financial planner. she says all her clients with young children have 529 accounts and safety is their biggest concern. and, it's no wonder people worry. after all, many 529 plans got slammed during the financial crisis, just like other investments. >> you could lose money in a 529. a 529 is just an umbrella, just like an ira is an umbrella. it depends on what you're invested on in the inside. >> reporter: for conservative parents, many states now offer options that invest college money in cds or bonds. nervous nellies can even stay in cash. but, without putting at least some 529 money in stocks, it will be tough to cover those college
the plans allow families to sock away money for higher education costs. those funds can grow tax-free and some states even offer tax incentives. if the romano girls chose a private college like n.y.u., it will cost a small fortune. experts calculate $159,000 a year to be exact. times four years-- that's $636,000 and don't forget to double that for twins and for a shocking total of $1.3 million. cary carbonaro is the romano's financial planner. she says all her clients with young children have...
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Aug 8, 2012
08/12
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the former economics professor said that the federal reserve has good reason to encourage financial education. he believes that financially capable consumers contribute to a stable economic and financial system. >> financial education supports not only individual wellbeing but also the economic health of our nation. as the recent financial crisis illustrates, consumers who can make informed decisions about financial products and services not only serve their own best interests, but collectively they also help to promote broader economic stability. >> susie: tom, the fed says that students who took a financial education course in high school turned out to be better savers. i'd add to that if they watch "nightly business report" they'd also become better investors. >> tom: seems to be part of the regular week night curriculum, absolutely, suzie. that's "nightly business report" for tuesday, august 7. have a great evening, everyone. and you, too, tom. >> tom: good night, susie. we'll see you online at www.nbr.com and back here tomorrow night. captioning sponsored by wpbt captioned by media acces
the former economics professor said that the federal reserve has good reason to encourage financial education. he believes that financially capable consumers contribute to a stable economic and financial system. >> financial education supports not only individual wellbeing but also the economic health of our nation. as the recent financial crisis illustrates, consumers who can make informed decisions about financial products and services not only serve their own best interests, but...
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Jan 17, 2012
01/12
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she was not well-educated. she never graduated from high school. she never worked for pay in her entire life. >> susie: she gave you some very pragmatic advice about the way the world worked, right? >> she said, "it's a man's world, sweetie. and the sooner you learn that, the happier you'll be." >> susie: what did you make of that? >> i thought, "i'm not going to do that. i'm not going to settle." >> susie: young drew was told to be ladylike, but she had a hard time complying. you call yourself a rebellious daughter. what were you... >> yes. >> susie: ...rebelling against? >> being a lady. from the time i was very small, i didn't want to be wearing itchy, pink, organdy dresses. i didn't like it that my brothers were allowed to do things that i wasn't allowed to do. i was a tomboy. i was very assertive about my rights. >> susie: faust was the only girl in her family. she has three brothers, including don gilpin. he's a high school english teacher. >> in a male-dominated society, we outnumbered her in the household, too. and i think she realized that
she was not well-educated. she never graduated from high school. she never worked for pay in her entire life. >> susie: she gave you some very pragmatic advice about the way the world worked, right? >> she said, "it's a man's world, sweetie. and the sooner you learn that, the happier you'll be." >> susie: what did you make of that? >> i thought, "i'm not going to do that. i'm not going to settle." >> susie: young drew was told to be ladylike,...
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May 26, 2012
05/12
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so, while many business people may not think of themselves as educators, they are. the best organizations not only produce valuable information, they have managers who broker that information to everyone on staff. if the world moves at the speed of information, then our workplaces must, too. i'm lou heckler. >> susan: thanks for watching, everyone. have a safe and happy memorial day holiday weekend, you, too, tom. >> tom: you as well, size. we'll see everyone on linea at nbr.com and back here on monday night. "nightly business report" is brought to you by: captioning sponsored by wpbt captioned by media access group at wgbh access.wgbh.org
so, while many business people may not think of themselves as educators, they are. the best organizations not only produce valuable information, they have managers who broker that information to everyone on staff. if the world moves at the speed of information, then our workplaces must, too. i'm lou heckler. >> susan: thanks for watching, everyone. have a safe and happy memorial day holiday weekend, you, too, tom. >> tom: you as well, size. we'll see everyone on linea at nbr.com and...
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Mar 3, 2012
03/12
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to quality of life, with respect to taxes, with respect to higher education. there's a whole range of issues here. and what we've got to do is say, we don't rule everything anymore. the world does not resolve around us. we've got to understand where we stack up in the global competitive environment and figure out where to get better. >> susie: sdpt other issue is some people say i wanted to make my company public, but this is not a good environment to go public. uncertainty in the european economy, and the u.s. economy, it's a volatile stock market. what are your thoughts on that? >> i disagree with the premise. in the sense that they've done extraordniarily well over the last many months. it may not be as good as it was at the boom, but it's not such a bad time if we can make it easier. if we can make it less cumbersome, if we can make it less expensive. so some of the broader issues, we may not be able to control, but there is things we can control. >> susie: governor markell, thank you for your time. >> thank you. my pleasure. >> tom: the governor of delawa
to quality of life, with respect to taxes, with respect to higher education. there's a whole range of issues here. and what we've got to do is say, we don't rule everything anymore. the world does not resolve around us. we've got to understand where we stack up in the global competitive environment and figure out where to get better. >> susie: sdpt other issue is some people say i wanted to make my company public, but this is not a good environment to go public. uncertainty in the...
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Dec 21, 2012
12/12
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and representatives with the departments of education. look, we can sit around, waiting for the school systems to catch up, or we can make our voices heard by being the ones who help make the change. nothing touchy about that. i'm alisa weinstein. as my 7 year ol often asks me, daddy, how many dollars is that. >> susie: teach them now so we won't have a fiscal cliff in the future for them. >> tom: that's "nightly business report," for thursday, december 20. have a great evening, everyone, and you, too, susie. >> susie: good night, tom. we'll see you online at nbr.com, and back here tomorrow night. captioning sponsored by wpbt captioned by media access group at wgbh access.wgbh.org
and representatives with the departments of education. look, we can sit around, waiting for the school systems to catch up, or we can make our voices heard by being the ones who help make the change. nothing touchy about that. i'm alisa weinstein. as my 7 year ol often asks me, daddy, how many dollars is that. >> susie: teach them now so we won't have a fiscal cliff in the future for them. >> tom: that's "nightly business report," for thursday, december 20. have a great...
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Feb 24, 2012
02/12
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here's alisa weinstein, author of "earn it, learn it". >> let's say you've begun your kids financial education, and she now knows the three classic money buckets: saving, sharing and spending. you put a portion of your money in your piggy bank, your savings account, or your pillowcase for later use. you donate a portion to a worthy cause of your choice. and the rest of your money goes straight to whatever you want. and that's great. but there's a fourth bucket many parents don't consider-- it's "needs"-- mostly because what needs would a four-, seven-, or ten-year-old have? as parents, its our pleasure, and our legal obligation, to provide food, clothes and shelter for our kids. but understanding that adult spending money must be divided into needs and wants is a major part of financial education. and it can be taught without requiring an eight-year-old to contribute to the water bill. kid-sized needs include things like school lunches, birthday presents for friends, haircuts, and as kids get older, try extracurricular activities and clothes. all you do is transfer the responsibility of purcha
here's alisa weinstein, author of "earn it, learn it". >> let's say you've begun your kids financial education, and she now knows the three classic money buckets: saving, sharing and spending. you put a portion of your money in your piggy bank, your savings account, or your pillowcase for later use. you donate a portion to a worthy cause of your choice. and the rest of your money goes straight to whatever you want. and that's great. but there's a fourth bucket many parents don't...
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Jun 22, 2012
06/12
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higher education cannot be a luxury reserved for a privileged few. it's an economic necessity for every family and every family should be able to afford it. >> susie: americans now owe more on their student loans than on credit cards, and student debt is teetering near $1 trillion. but the treasury released a report today showing college still pays. in 2011, people with college degrees earned over 60% more money than those with just a high school diploma. >> susie: more americans could be going to bed hungry. republicans want congress to cut up to $2 billion from the food stamp program in this year's farm bill. food stamp rolls have doubled in the past eight years, to 46 million people as the great recession took its toll. one national restaurant chain is trying to solve the nation's hunger problem in a unique way. diane eastabrook explains. >> welcome to panera cares. >> reporter: something unusual is happening inside this restaurant. >> we want to make sure everybody can get something to eat whether or not they can afford it. >> reporter: today the
higher education cannot be a luxury reserved for a privileged few. it's an economic necessity for every family and every family should be able to afford it. >> susie: americans now owe more on their student loans than on credit cards, and student debt is teetering near $1 trillion. but the treasury released a report today showing college still pays. in 2011, people with college degrees earned over 60% more money than those with just a high school diploma. >> susie: more americans...
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Mar 15, 2012
03/12
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there's a lot of disinvestment in public higher education going on right now, and that's where 85% of the college students go to college. >> reporter: in-state tuition and fees at shippensburg is up more than 7% this year. it runs just below $9,000 per year, close to the national average. >> 20 years ago, the state paid for almost twice as much as what they're paying for now. so, if the state isn't paying for it, then that cost gets shifted over onto to the student. >> reporter: cavanaugh says at this point the transfer from state funding to student tuition is almost dollar for dollar. some say its time for colleges and universities to step outside the traditional model and start finding new ways to do more with less. some of those new ways at shippensburg include online classes and using video conferencing to teach across multiple campuses. they've also stepped outside the semester system to offer some shorter courses. >> yes, we're adding more online classes. yes, we're adding more summer classes. yes, we're adding more winter classes. yes, we raise class sizes. the challenge with r
there's a lot of disinvestment in public higher education going on right now, and that's where 85% of the college students go to college. >> reporter: in-state tuition and fees at shippensburg is up more than 7% this year. it runs just below $9,000 per year, close to the national average. >> 20 years ago, the state paid for almost twice as much as what they're paying for now. so, if the state isn't paying for it, then that cost gets shifted over onto to the student. >>...
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Feb 21, 2012
02/12
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when a girl in the developing world receives seven or more years of education, she marries four years later and has 2.2 fewer children. when women and girls earn income, they reinvest 90% of it into their families, as compared to only 30%-40% for men. per the coalition for adolescent girls, investing in girls starts a virtuous cycle that reduces poverty, aids, hunger and perhaps even war. yet of the world's 130 million out-of-school youth, 70% are girls. organizations such as the girl effect and kiva seeking to change history by giving girls in developing countries access to education or loans to start small businesses. studies show that when you improve a girl's life, you improve the health, hygiene, and overall lives of her brothers, sisters, parents, and beyond. now that sounds like a great return on investment to me. i'm manisha thakor. for more information on this nbr special edition "conscious capital" and of course, our daily market coverage, head to our website.. you'll find us at nbr.com. >> tom: that's it for this special edition of "nightly business report." i'm tom hudson.
when a girl in the developing world receives seven or more years of education, she marries four years later and has 2.2 fewer children. when women and girls earn income, they reinvest 90% of it into their families, as compared to only 30%-40% for men. per the coalition for adolescent girls, investing in girls starts a virtuous cycle that reduces poverty, aids, hunger and perhaps even war. yet of the world's 130 million out-of-school youth, 70% are girls. organizations such as the girl effect...
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Oct 19, 2012
10/12
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won't have an incentive to bring tuition costs down >> there no question that the cost of providing education isn't even close to commensurate with the price that people are being asked to pay. >> reporter: but for students, the answer is simple-- spur the economy. >> we need jobhethat are worthth $200,000 educations being made in the private sector and the public sector, in ways that allow for students to have jobs that they love while also making the amount of money they've put into their education. >> reporter: the report doesn't include loans at for-profit colleges. since the vast majority of their students take on debt, the numbers could be higher. sylvia hall, nbr, washington. >> susie: the future of >> susie: the future of manufacturing was an important issue in the presidential debate earlier this week. esident obama and mitt romney argued about the best way toe bring back jobs to american factory floors. many manufactures say they need workers, but can't find them with the right skills. but now, some companies are joining forces with community colleges to change that. diane eastabroo
won't have an incentive to bring tuition costs down >> there no question that the cost of providing education isn't even close to commensurate with the price that people are being asked to pay. >> reporter: but for students, the answer is simple-- spur the economy. >> we need jobhethat are worthth $200,000 educations being made in the private sector and the public sector, in ways that allow for students to have jobs that they love while also making the amount of money they've...
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Apr 25, 2012
04/12
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whether it's a four-year degree or a two-year degree, we can't make higher education a luxury. it's an economic imperative. >> reporter: in 2007, congress cut interest rates on stafford loans, a popular federal student loan, in half in a push to make college more affordable. that law expires this summer. so unless congress passes an extension, interest rates on the loans will increase from 3.4% to almost 7% next year. over time, the increase could raise college costs for borrowers by thousands of dollars. >> that's going to have a pretty significant impact for families down the road. i mean, you can imagine $1,000 could go towards a down payment on a house, a down payment on a car, or even starting a business. >> reporter: yesterday, republican presidential candidate mitt romney said he supported the extension, but not everyone agrees. some even argue keeping student loans cheap raises college prices. >> if you give somebody 100 more dollars to consume education, if you give everybody 100 more dollars, colleges say, "hey, i can raise tuition 100 dollars. they are no worse off,
whether it's a four-year degree or a two-year degree, we can't make higher education a luxury. it's an economic imperative. >> reporter: in 2007, congress cut interest rates on stafford loans, a popular federal student loan, in half in a push to make college more affordable. that law expires this summer. so unless congress passes an extension, interest rates on the loans will increase from 3.4% to almost 7% next year. over time, the increase could raise college costs for borrowers by...
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Apr 19, 2012
04/12
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. >> men are starting to enter women-dominated sectors such as health and education, and they are starting to compete for those jobs, as well. so that's a new development. >> reporter: and clearly there are social forces as well, like sexism and bias against working mothers. advocates say one way to help more women find good paying jobs is to force employers to adopt family-friendly policies. >> we don't mandate paid sick days. paid vacations aren't mandatory, paid time off, flextime-- they're just... we don't have good policies for balancing work and family. >> reporter: there's one thing women can't blame for trouble finding work, and that's education. women earn more bachelors and masters degrees than men, and education is a far bigger predictor of employment prospects than gender. erika miller, "nightly business report," new york. >> tom: while we're talking about the impact of the recession, have you looked at your investments lately? tonight's "money file" focuses on making up lost ground. here's donna rosato, senior writer at "money" magazine. >> the financial crisis and sluggish re
. >> men are starting to enter women-dominated sectors such as health and education, and they are starting to compete for those jobs, as well. so that's a new development. >> reporter: and clearly there are social forces as well, like sexism and bias against working mothers. advocates say one way to help more women find good paying jobs is to force employers to adopt family-friendly policies. >> we don't mandate paid sick days. paid vacations aren't mandatory, paid time off,...
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Mar 21, 2012
03/12
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he'll get there by slashing discretionary spending on everything from education to space exploration. medicare reform, cuts to welfare programs, and a revamp of the tax code all figure prominently in ryan's plan. >> at the end of the day, it's all about growth. it's about growing opportunities, growing the economy. it's about lifting the debt, restoring economic freedom. reforming the tax code so that we can help have our economy reach its full potential. it's about turning our system that has become a dependent culture into an upward mobile society. >> susie: the house plan has little chance of passing. the democratic-controlled senate says it won't even bring the measure to the floor. >> tom: chinese solar panels will now carry tariffs in the u.s. the commerce department imposed the import tax today. panels made by trina solar will carry almost a 5% tariff, suntech panels almost 3%, and panels from all other chinese makers, nearly 4%. the case stems from a complaint by a group of u.s. solar companies. they believe the chinese government puts tons of money behind its solar industry,
he'll get there by slashing discretionary spending on everything from education to space exploration. medicare reform, cuts to welfare programs, and a revamp of the tax code all figure prominently in ryan's plan. >> at the end of the day, it's all about growth. it's about growing opportunities, growing the economy. it's about lifting the debt, restoring economic freedom. reforming the tax code so that we can help have our economy reach its full potential. it's about turning our system...
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Apr 3, 2012
04/12
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i think that one starts with education. we have over two million jobs available for engineers and mathematicians. so we need make sure we are educating to align with jobs and business needs. >> reporter: wolf is also a big advocate of infrastructure spending-- estimating that billion dollars spent on improving the nation's infrastructure would create more than 25,000 jobs. what are some other things our nation can do to boost hiring? >> this is a debate that's not easy. one, there's a skills gap. so, a lot of the jobs available, we don't necessarily have the skills to fill that gap. and, the second part of that is you need a demand driven economy. >> reporter: but there, the news seems to be getting better. from manufacturing to consumer confidence to the rally in the stock market, most economic indicators seem to be improving. are you seeing any signs from your corporate clients that confidence is improving? >> there's no question that the acquisition pipeline is building. we also have an ipo pipeline that is starting to b
i think that one starts with education. we have over two million jobs available for engineers and mathematicians. so we need make sure we are educating to align with jobs and business needs. >> reporter: wolf is also a big advocate of infrastructure spending-- estimating that billion dollars spent on improving the nation's infrastructure would create more than 25,000 jobs. what are some other things our nation can do to boost hiring? >> this is a debate that's not easy. one, there's...
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Apr 14, 2012
04/12
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if you don't pay back the student loan, the bank can't repossess your education like they could your car or home. that means student loans come with different risks for lenders. and changing the laws could affect the student loan business. >> the downside is it's going to raise the cost of student loans and make them less available, but the upside is were going to have fewer students with the amounted debt that's going to take decades if not their entire life to repay. >> reporter: the nation's top private lender, sallie mae, openly supports reform that would help borrowers dissolve their student loan debt, but only after they've tried to repay the loans for five to seven years. that caveat would keep grads from filing for bankruptcy right after college. something advocates like robert applebaum say is unlikely anyway. >> you can't just declare bankruptcy. and suddenly your debts are erased, you have to prove insolvency. you have to prove an inability to pay. >> reporter: applebaum doesn't think the bankruptcy change will make it into law this year. but, as student debt plows past $1
if you don't pay back the student loan, the bank can't repossess your education like they could your car or home. that means student loans come with different risks for lenders. and changing the laws could affect the student loan business. >> the downside is it's going to raise the cost of student loans and make them less available, but the upside is were going to have fewer students with the amounted debt that's going to take decades if not their entire life to repay. >> reporter:...
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Jul 24, 2012
07/12
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after the market close, the focus was on a weak outlook from for-profit education firm devry. new student enrollment is expected to drop as costs continue rising. devry stock was down about 1% during the regular session, and fell 20% from this closing price after the warning tonight. that puts the stock around $22. despite today's sour market mood, we saw plenty of monday merger announcements. the biggest was the chinese play for canadian energy company nexen. nexen shares stock shot up more than 50%. china's cnooc has offered $27.50 per share. in the utility energy industry, n.r.g. has offered to buy fellow independent power producer genon for $1.7 billion in stock. the buyer n.r.g. was up 8%, while the target, genon, shot up almost 26%. peet's coffee has an offer to go private for almost $1 billion, or $73.50 per share. shares of peet's jumped 27.8%, closing just below the buyout offer. the bidder is the same german investment firm that owns perfume maker coty, which was unsuccessful in its effort to buy avon earlier this year. two regional railroads want to get on the same
after the market close, the focus was on a weak outlook from for-profit education firm devry. new student enrollment is expected to drop as costs continue rising. devry stock was down about 1% during the regular session, and fell 20% from this closing price after the warning tonight. that puts the stock around $22. despite today's sour market mood, we saw plenty of monday merger announcements. the biggest was the chinese play for canadian energy company nexen. nexen shares stock shot up more...
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Oct 6, 2012
10/12
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hiring that is concentrated, most recently in education and healthcare. a little bit of positive news coming from construction. but in a lot of the business services and goods-producing industries and manufacturing, things look pretty soft at this moment. >> reporter: in addition, 2,000 temporary jobs were cut, which is often looked at as a barameter of future employment. but, the average work week rose to 34-and a half hours... and employers typically boost the workload of existing staff.. before taking on new workers. with all these cross-currents, the employment situation may be but the bottom line seems to be that the economy is improving, but not nearly as quickly as most people would like. >> we lost so many jobs during the great recession, that we are slowly clawing our way out of that hole.. but still at a pretty slow pace." >> reporter: the government's next jobs report will come out just 4 days before the presidential election. by then, many voters will have made up their minds. so, the impact of today's data may be more political.. than economi
hiring that is concentrated, most recently in education and healthcare. a little bit of positive news coming from construction. but in a lot of the business services and goods-producing industries and manufacturing, things look pretty soft at this moment. >> reporter: in addition, 2,000 temporary jobs were cut, which is often looked at as a barameter of future employment. but, the average work week rose to 34-and a half hours... and employers typically boost the workload of existing...
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Apr 12, 2012
04/12
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even after adjusting for income and education, women are 10% more likely than men to make these costly mistakes, and women pay more than half a point higher interest rates on their cards. that's real money. over the long-term, paying half a point more can increase borrowing costs by thousands of dollars. we women need to ask ourselves why we're falling behind when it comes to managing our credit cards. the good news is that increasing financial literacy might help improve credit card behavior and eliminate those gender-based differences. when we compared men and women with high levels of financial literacy, we found no differences in credit card behavior. financial literacy appears to level the playing field, and that's a good lesson for all of us to keep in mind during financial literacy month. i'm gerri walsh. >> susie: tomorrow, earnings season roles on. google takes the spotlight, releasing its first quarter numbers after the market close. we'll see if "google plus" is adding to the web giant's bottom line. >> tom: finally, if you're a hockey fan, comcast's nbc wants to give you th
even after adjusting for income and education, women are 10% more likely than men to make these costly mistakes, and women pay more than half a point higher interest rates on their cards. that's real money. over the long-term, paying half a point more can increase borrowing costs by thousands of dollars. we women need to ask ourselves why we're falling behind when it comes to managing our credit cards. the good news is that increasing financial literacy might help improve credit card behavior...
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Oct 26, 2012
10/12
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. >> m: education is one of them: many issues president obama and governor romney sparred about in their presidential campaign debates. and tonight's commentator says there's an entire group of students that have been short- changed. he's todd buccholz, author of "rush: why you need and love the rat race." >> our schools have cheated and discriminated against a generation of students. when i was in high school, they divided us into two tracks. the college prep kids read "beowulf" and "macbeth"; the other kids were shunted into so- called vocational education, where they learned how to build a house, change spark plugs, and wire air conditioners. of course now, most us college kids can't ev u explainn how a toaster works. so where was the cheating and discrimination? those vocational kids weren't taught enough. they should've been taught, not just how to build and fix things, but how to run a business. if you've been trained as a plumber and can snake a pipe, you might be able to make ends meet for your family. but if you've also learned how to open your own plumbing business, you can pro
. >> m: education is one of them: many issues president obama and governor romney sparred about in their presidential campaign debates. and tonight's commentator says there's an entire group of students that have been short- changed. he's todd buccholz, author of "rush: why you need and love the rat race." >> our schools have cheated and discriminated against a generation of students. when i was in high school, they divided us into two tracks. the college prep kids read...
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Jan 13, 2012
01/12
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. >> reporter: donohue and the chamber are gearing up for a huge voter education campaign in this election year, defending the role of free enterprise. donohue says the american public is with him, pointing to a recent gallup poll that found americans don't like class warfare. but another poll by the pew research center finds two out of three americans see strong conflicts between the rich and the poor. >> how are you going to address the concern that shows up in polls that many people think the playing field is now tilted? >> we're going to address that by showing people how the playing field did in fact get tilted to cause people not to be able to create jobs-- a regulatory explosion. there are more regulations pending right now in health care, dodd frank and e.p.a. and labor than we have in this whole country, and they will shut down huge parts of this economy. >> reporter: the chamber's critics say that's not true. >> the fact that people don't have money in their pockets right now, that's a big problem. yes. but it's not the regulations that are hurting jobs. >> reporter: the chamber
. >> reporter: donohue and the chamber are gearing up for a huge voter education campaign in this election year, defending the role of free enterprise. donohue says the american public is with him, pointing to a recent gallup poll that found americans don't like class warfare. but another poll by the pew research center finds two out of three americans see strong conflicts between the rich and the poor. >> how are you going to address the concern that shows up in polls that many...
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Jun 7, 2012
06/12
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the north is barack obama's virginia; urban, diverse, high tech and highly educated. as home to the pentagon, virginia receives more federal spending than any other state, and three out of every four of those dollars ends up here, in northern virginia. that may explain why students in the area are willing to give the president the benefit of the doubt. >> given the state of the united states and the economy that he came in with, he's done a wonderful job so far. it wouldn't have been easy to turn this around no matter who was elected. >> reporter: but the president isn't taking votes here for granted. since he was elected, he's visited northern virginia community college campuses five times. and even here, with all the federal spending and an unemployment rate around 4%, his handling of the economy is a tough sell. >> everyone that i've known in my class that have graduated, they are working like unpaid internships, which is kind of like feeling like an indentured servant. >> reporter: the president may be popular here, but for students, the thrill is gone. >> now the
the north is barack obama's virginia; urban, diverse, high tech and highly educated. as home to the pentagon, virginia receives more federal spending than any other state, and three out of every four of those dollars ends up here, in northern virginia. that may explain why students in the area are willing to give the president the benefit of the doubt. >> given the state of the united states and the economy that he came in with, he's done a wonderful job so far. it wouldn't have been easy...
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Jan 20, 2012
01/12
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>> i think it's really buttressing apple's core traditional position, the education market for years, has been an area where apple has prospeered, to the extent that they're moving more into the content business of helping to enable the creation of ebooks, to go on to their ipads and other devices. certainly, an area of sort of backfilling in this area. i think, also, as far as the education market is concerned, apple might be hurrying up a little bit to the extent amazon has come out with a new ereader, the kindle, within the last four months, and that certainly saw strong adoption. obviously, we'll see amazon's results next week. >> tom: david do you or your firm or family have positions in these stocks? >> we own apple. we own microsoft, and we own intel. and google. >> tom: david garrity air, laundry list of technology list today with gva research. >> susie: more signs of improvement in the labor market. new claims for jobless benefits fell by 50,000 in the past week to 352,000, their lowest level in four years. meanwhile, consumer prices stayed flat in december as energy costs fe
>> i think it's really buttressing apple's core traditional position, the education market for years, has been an area where apple has prospeered, to the extent that they're moving more into the content business of helping to enable the creation of ebooks, to go on to their ipads and other devices. certainly, an area of sort of backfilling in this area. i think, also, as far as the education market is concerned, apple might be hurrying up a little bit to the extent amazon has come out...
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Aug 25, 2012
08/12
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it's on the mend again thanks to jobs in health care and education as housing slowly recovers. tom hudson, "n.b.r.," homestead, florida. >> susie: we learned just moments ago that a california jury has reached a verdict in the legal dispute between apple and samsung. we're still waiting for that verdict to be read in court and we'll have an update a little later in the broadcast. meanwhile, a court in south korea has found that apple and samsung are both guilty of infringing each other's patents. a three-judge panel ruled that apple violated two samsung patents and samsung violated one apple patent. both companies have been ordered to pay small penalties about $20,000 each and to stop sales of their infringing products in south korea. shares of apple edged higher on that ruling, as did many other stocks, making today a pretty good end to a pretty bad week for the market. investors were optimistic the fed still have tools to stimulate world economies. the s&p 500 briefly traded below 1,400 this morning. ultimately, the index stayed in positive territory throughout most of the da
it's on the mend again thanks to jobs in health care and education as housing slowly recovers. tom hudson, "n.b.r.," homestead, florida. >> susie: we learned just moments ago that a california jury has reached a verdict in the legal dispute between apple and samsung. we're still waiting for that verdict to be read in court and we'll have an update a little later in the broadcast. meanwhile, a court in south korea has found that apple and samsung are both guilty of infringing...
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Nov 20, 2012
11/12
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that doesn't mean you cut national security, basic infrastructure, education, research. those are core functions of government. you fix the big entitlement programs which the source of the exploding debt and you do a tax reform to grow as quickly as possible. >> i'm hearing some people say that maybe we get a deal where we phase out the payroll tax cut going away or we, that the president might want some kind of jobs program. do you think that's possible and how big could it be for next year. >> i think it's possible that we would see a bit of both. we would see something by way of either an extension of at least part of the payroll tax cut or some equivalent tax cut to boost the economy. because i think there is a lot of support by the republicans tos would the economy some measure. jobs program might be harder so with the republicans. but perhaps extending unemployment which is an important thing. >> could republicans take a jobs program or stimulus, whatever you want to call continuation a program to help the economy and would that make sense? >> if we got a good deal
that doesn't mean you cut national security, basic infrastructure, education, research. those are core functions of government. you fix the big entitlement programs which the source of the exploding debt and you do a tax reform to grow as quickly as possible. >> i'm hearing some people say that maybe we get a deal where we phase out the payroll tax cut going away or we, that the president might want some kind of jobs program. do you think that's possible and how big could it be for next...
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Nov 27, 2012
11/12
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the monday merger news was in the education industry. publisher mcgraw hill will sell its education business to private equity firm apollo global management. mcgraw hill originally wanted to spin off the business into a separate publicly traded company, but now it will sell it for $2.5 billion. news of the sale didn't move the stock much. while volume was heavy, shares gained just 0.4%. after the deal closes around the first of the year, mcgraw hill will be focused exclusively on financial services such as its s&p credit ratings agency. three of the five most actively traded exchange traded funds were up. the strongest was the nasdaq 100 tracking fund, up 0.4%. and that's tonight's "market focus." >> tom: tonight's word on the street: technology. 2013 is poised to see two big trends in technology continue: going mobile and big data. james rogers is a reporter with the street.com. >> james what are the conditions contributing to these trends continuing? >> well, we're seeing a lot of things happen and at the moment, no one there is a lot
the monday merger news was in the education industry. publisher mcgraw hill will sell its education business to private equity firm apollo global management. mcgraw hill originally wanted to spin off the business into a separate publicly traded company, but now it will sell it for $2.5 billion. news of the sale didn't move the stock much. while volume was heavy, shares gained just 0.4%. after the deal closes around the first of the year, mcgraw hill will be focused exclusively on financial...
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Jun 12, 2012
06/12
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. >> susie: from having the right education to getting access to capital, tonight's commentator says it's time for the u.s. to get serious about small business. here's alfred edmond jr, he's vice president and editor-at- large at black enterprise. >> everyone from the president and congress to major corporations credits small business with being the engine of jobs. more over, they all acknowledge that the key to american job growth for the foreseeable future is in the hands of entrepreneurs, even though small businesses have been credited with producing more than half of all new jobs already. all of this love for small business is great and well- deserved. but i'd like to see more investment, from both the public and private sectors, in a generation of new entrepreneurs who are truly equipped to create jobs and drive innovation. first, the obvious: more needs to be done to get the right kinds of capital, to the right entrepreneurs, at the right stages of the life cycles of their businesses, worthy pre- launch, start-up, early-stage or later. second, we need to fully integrate entrepr
. >> susie: from having the right education to getting access to capital, tonight's commentator says it's time for the u.s. to get serious about small business. here's alfred edmond jr, he's vice president and editor-at- large at black enterprise. >> everyone from the president and congress to major corporations credits small business with being the engine of jobs. more over, they all acknowledge that the key to american job growth for the foreseeable future is in the hands of...
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Oct 20, 2012
10/12
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here's author and educator lou heckler.ou >> a few weeks back i was reading a story that one of the casual dining restaurant chains is removing salt shakers from its tables a reducing the saltin in its most popular dishes. we've all seen many of the casual and fast foodlaces revamping their menus to make them healthier. it got me thinking about how hard it is to overco inertia in any business. funny, isn't it? somehow it seems easier to add to what we do than it is to take it away. when i worked full time in television we would often get a big response when we dropped a program and very little when we added one.ne a long-time friend used to work in a hospital-based weight-loss program. she would suggest that people make simple changes inheir lives before radically alteringe their eating habits. she'd ask them to rearrange their furniture at home or sleep on the opposite side of the bed first. it was hard for them. so, is there some salt on your table that needs to be removed? an old habit set aside? it won't be easy. a spanish proverb says, habits are at first cobwebs, then cables. i'm lou
here's author and educator lou heckler.ou >> a few weeks back i was reading a story that one of the casual dining restaurant chains is removing salt shakers from its tables a reducing the saltin in its most popular dishes. we've all seen many of the casual and fast foodlaces revamping their menus to make them healthier. it got me thinking about how hard it is to overco inertia in any business. funny, isn't it? somehow it seems easier to add to what we do than it is to take it away. when i...
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May 5, 2012
05/12
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the company's education business, kaplan, lost money in the first quarter as for-profit education has come under regulatory pressure over student financial aid money. with stocks selling off, investors crowded into the bond market, looking for some relative protection. that sent bond prices up, pushing bond interest rates down. the yield on the 10-year government benchmark note is at 1.88%. its lowest in three months. troubles in the corner office continue at yahoo. after only a few months on the job, c.e.o. scott thompson is under fire for what the company called an inadvertent error. it turns out he does not have a computer science degree as originally claimed. shares fell more than 1.5%. an activist hedge fund that owns about 5% of the stock first raised questions and now thinks thompson should leave yahoo. it was a much different reception today for linkedin. shares jumped 7% after reporting strong earnings thanks to connecting professionals with companies looking to hire. the latest company to give us a clue about the chinese economy is estee lauder, warning of a potential slowdo
the company's education business, kaplan, lost money in the first quarter as for-profit education has come under regulatory pressure over student financial aid money. with stocks selling off, investors crowded into the bond market, looking for some relative protection. that sent bond prices up, pushing bond interest rates down. the yield on the 10-year government benchmark note is at 1.88%. its lowest in three months. troubles in the corner office continue at yahoo. after only a few months on...
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Sep 4, 2012
09/12
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do you love education? do you love the research that helps create the next new thing that helps create the jobs of the future in america. well, if you love these things, then you have to worry about the debt. let me just give you one example. if you look at the interest cost on the debt today, even at today's very, very low interest rates, we're spending about $250 billion a year on interest. and do nothing, by the end of this decade, we'll be spending over a trillion dollars in interest costs alone. that's crazy. that's what we want to stop. we want to bring these deficits down. we want to get them to a level where we can stabilize the debt and get it on a downward path as a percent of g.d.p. so america can compete in this new knowledge-based global economy. >> darren: for all the gloom and doom over the fiscal cliff, there are some people in washington who are still hunting the grand bargain. that's a big deal to raise some revenues and cut some spending and get our budget in line or at least into managea
do you love education? do you love the research that helps create the next new thing that helps create the jobs of the future in america. well, if you love these things, then you have to worry about the debt. let me just give you one example. if you look at the interest cost on the debt today, even at today's very, very low interest rates, we're spending about $250 billion a year on interest. and do nothing, by the end of this decade, we'll be spending over a trillion dollars in interest costs...
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Sep 29, 2012
09/12
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in my more than 30 years as a professional speaker and educator, i can say without fear that much of what we learn we learn through stories. the best bosses i have worked for, the best bosses i have interviewed over the years all tell stories. balancing hard, cold facts with stories satisfies both sides of our brains. the left side-- our judge and jury and number cruncher. and our right side-- our poet and comedian and artist. a good story does three things: it helps us recall the past, it helps us understand the present, and if it teaches a lesson, as most good stories do, it allows us to have some idea of what the future may hold. even a story you have heard or read before may have a new meaning for you today. it's why we go back to texts, religious and otherwise, that have meaning for us. if you manage others, i hope you use stories to inspire, to set limits, maybe just to put a light touch on things from time to time. we all like stories. i'm lou heckler. >> tom: that's "nightly business report" for friday, september 28. good night, everyone and have a great weekend. we'll see yo
in my more than 30 years as a professional speaker and educator, i can say without fear that much of what we learn we learn through stories. the best bosses i have worked for, the best bosses i have interviewed over the years all tell stories. balancing hard, cold facts with stories satisfies both sides of our brains. the left side-- our judge and jury and number cruncher. and our right side-- our poet and comedian and artist. a good story does three things: it helps us recall the past, it...
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Jun 6, 2012
06/12
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a comprehensive natural gas bill not as an add-on to an education bill. let's do it the right way. >> tom: to follow up on your idea of providing and pushing incentives to continue to encourage more natural gas production when it comes to our fleet of vehicles. what kinds of role do you think the federal government ought to play? we've seen it get in trouble in terms much trying to pick winners in solar energy. >> you don't pick specific companies but say to anybody who wants to build a natural gas distribution center give them a tax incentive depending on how big the station has and what they're doing. you give incentives to converting fleets to natural gas and ow open and available to everyone. we can't discount wind and solar they're important to the future but have to make the production tax credit permanent. there are things we can do without picking winners and losers in certain companies but to spur growth in different forms of homegrown american energy. >> tom: the tax credit runs out this year. the book, a nation of wusses. >> thanks. >> tomorrow
a comprehensive natural gas bill not as an add-on to an education bill. let's do it the right way. >> tom: to follow up on your idea of providing and pushing incentives to continue to encourage more natural gas production when it comes to our fleet of vehicles. what kinds of role do you think the federal government ought to play? we've seen it get in trouble in terms much trying to pick winners in solar energy. >> you don't pick specific companies but say to anybody who wants to...
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Apr 17, 2012
04/12
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geting a college degree is viemgts to financial success, and our economy's growth depends on a highly educated workforce, but we need to rethink student lending. instead of using taxpayer money to fund student loans use those resources to hire more professors, and build labs and fund internships. >> make it more affordable, and students won't need as many loans. i'm mark zandi. >> talk about tomorrow. busy day from health care to banking technology, that earnings parade continues. we'll have full coverage tomorrow night. the results of johnson and johnson, goldman sachs, and intel and ibm also due. and tomorrow, a closer look at the selling we've seen in apple shares over the past week. >> susie: and finally, word that the president's so-called buffet rule has been blocked by senate republicans. pay at least a 30% tax rate. tonight's vote was a procedural one to get the votes to move forward. >> tomorrow, a big day. tax day. federal returns are due back to uncle sam by midnight. >> i hit late last night. >> i was the early bird. >> tom: that's nightly business report for monday issue the 16th
geting a college degree is viemgts to financial success, and our economy's growth depends on a highly educated workforce, but we need to rethink student lending. instead of using taxpayer money to fund student loans use those resources to hire more professors, and build labs and fund internships. >> make it more affordable, and students won't need as many loans. i'm mark zandi. >> talk about tomorrow. busy day from health care to banking technology, that earnings parade continues....
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Mar 10, 2012
03/12
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. >> susie: and finally, it's our friday feature "lou's been thinking" with author and educator lou heckler. tonight, lou's been thinking about engaging employees. >> i've been thinking about the joy of anticipation. years ago, i hosted a morning tv talk show in north carolina. i asked a pediatrician on the show, what's one thing most of us as parents forget when it comes to raising children? he only hesitated slightly: kids love to anticipate, he said. we should give them something to anticipate every day, maybe a bunch of somethings. that applies to us big kids as well. if you manage a group of people, are you giving them the gift of anticipation? i hear a lot about the problem getting employees engaged with their work. i wonder if we have so systematized things in the hopes of preventing errors that we have taken away some of the creative fun. what would happen if we explained a goal we were hoping to reach and a date by which we wanted it completed and then gave them leeway in deciding how to get there? big time athletic coaches often have incentives in their contracts for certain achie
. >> susie: and finally, it's our friday feature "lou's been thinking" with author and educator lou heckler. tonight, lou's been thinking about engaging employees. >> i've been thinking about the joy of anticipation. years ago, i hosted a morning tv talk show in north carolina. i asked a pediatrician on the show, what's one thing most of us as parents forget when it comes to raising children? he only hesitated slightly: kids love to anticipate, he said. we should give them...
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Aug 11, 2012
08/12
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here's author and educator, lou heckler. >> what do you look for in a leader? a few years ago authors james kouzes and barry posner posed that question as they prepared a wonderful book called the leadership challenge. of all the traits they listed, these were the top four: a leader must be honest. a leader must be competent. a leader must be forward- looking. a leader must be inspirational. i have smiled as i read the first two again, given that honesty trumped competence. maybe its not surprising. we have had a spat of so-called leaders do a lot of lying in the past few years: lying about company profits, lying about extramarital affairs, lying even about college degrees they didn't earn. we understand that our leaders will stumble and not always be competent in every area, but we seem to long, i seem to long, for ones who will lead me with honesty and forthrightness. mark twain once said, always do what's right. this will gratify some people and astonish the rest. if i'm goingo play the grown- up version of follow the leader, honesty does come first. i'm lou
here's author and educator, lou heckler. >> what do you look for in a leader? a few years ago authors james kouzes and barry posner posed that question as they prepared a wonderful book called the leadership challenge. of all the traits they listed, these were the top four: a leader must be honest. a leader must be competent. a leader must be forward- looking. a leader must be inspirational. i have smiled as i read the first two again, given that honesty trumped competence. maybe its not...
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Jan 4, 2012
01/12
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. >> i think it's going to be a good year for retail investors, because they're more educated, because they understand better. whether the market is up or down, they're going to understand the causes of it, and a lot of them are going to take precautions. >> tom: and the race for the white house. how the economy is playing in iowa as caucus-goers vote tonight. it's "nightly business report for tuesday," january 3. this is "nightly business report" with susie gharib and tom hudson. "nightly business report" is made possible by: captioning sponsored by wpbt >> tom: good evening and thanks for joining us. susie gharib is off tonight. the stock market rang in the new year with a new push higher. positive economic data on the u.s. manufacturing sector fueled the rally. but it was sparked by unemployment falling to a two- decade low in germany, and china's services and manufacturing sectors rose in december, despite worries about a chinese slowdown. the major u.s. stock averages logged big gains. the dow gained 179 points, the nasdaq added 43, and the s&p 500 was up 19.5 points. trading volu
. >> i think it's going to be a good year for retail investors, because they're more educated, because they understand better. whether the market is up or down, they're going to understand the causes of it, and a lot of them are going to take precautions. >> tom: and the race for the white house. how the economy is playing in iowa as caucus-goers vote tonight. it's "nightly business report for tuesday," january 3. this is "nightly business report" with susie...
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Jan 26, 2012
01/12
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here's gerri walsh, president of the finra investor education foundation. >> investors currently find themselves in a difficult investing environment. yields on fixed-income investments are at historically low levels, and stock returns have been quite volatile. as we begin a new year, what is an investor to do? some investors are chasing return, meaning they are putting their assets into riskier and sometimes esoteric products that promise higher yields and returns than they can obtain in more traditional investments. these products range from easily understood investments like high-yield bonds to complex vehicles like leveraged and inverse e.t.f.s, reverse convertibles and other structured products. the beginning of a new year is a good time to remind investors that when they invest in products that promise higher returns, they are nearly always taking on more risk. investors should never make an investing decision solely by looking at an investment's return, whether past or projected. higher returns come with higher risk, and if investors do not fully understand how an investment wo
here's gerri walsh, president of the finra investor education foundation. >> investors currently find themselves in a difficult investing environment. yields on fixed-income investments are at historically low levels, and stock returns have been quite volatile. as we begin a new year, what is an investor to do? some investors are chasing return, meaning they are putting their assets into riskier and sometimes esoteric products that promise higher yields and returns than they can obtain in...
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Dec 15, 2012
12/12
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to get ahead is by standing out, this week lucid thinking about street sweepers, here is author and educator lou hef her. >> what have you done recently to astonish your customers? >> one of karl sewell's car dealer ships in dallas he was concerned the street out in front of his dealership was not as clean as he thought it could be. >> the city street sweepers didn't come often enough so he bought his own street sweeper and has one of his staff people take care of that frequently. it is a be bit extreme i know that but at some level it has to register with his customers and pay him back in many, many ways, as i travel the world i love spotting examples of great customer service and hospitality, such as the coffee shop who writes, enjoy with whip cream on the top of a the bellman who goes to a neighboring hotel to find a foam pillow for me. the water dish for pets outside a bakery in our neighborhood. none of these is going to win a major business prize, but they do this: they separate themselves from the competition and give us a reason to keep coming back. i don't know what business you are
to get ahead is by standing out, this week lucid thinking about street sweepers, here is author and educator lou hef her. >> what have you done recently to astonish your customers? >> one of karl sewell's car dealer ships in dallas he was concerned the street out in front of his dealership was not as clean as he thought it could be. >> the city street sweepers didn't come often enough so he bought his own street sweeper and has one of his staff people take care of that...